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High-frequency trading – a discussion of relevant issues - Xetra

High-frequency trading – a discussion of relevant issues - Xetra

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<strong>High</strong>-<strong>frequency</strong> <strong>trading</strong> <strong>–</strong> a <strong>discussion</strong> <strong>of</strong> <strong>relevant</strong> <strong>issues</strong> May 2013HFT strategies typically benefit from volatility, but do not increase it• HFT strategies are intraday strategies.• Mean reversion is the basic strategy <strong>of</strong> most liquidity providers/Market Makers.19

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